 U.S.

Bureau of Labor Statistics (2018), Characteristics of minimum wage workers, 2017

Retrieved from https://www.bls.gov/

The bureau of labor statistics is responsible for giving exact figures and number

of the entire United States. In this article they give the statistics on who exactly

are working minimum wage jobs and what their ages are. The quote that I will be

using is “Minimum wage workers tend to be young. Although workers under age

25 represented only about one-fifth of hourly paid workers, they made up about

half of those paid the federal minimum wage or less. Among employed teenagers

(ages 16 to 19) paid by the hour, about 8 percent earned the minimum wage or

less, compared with about 1 percent of workers age 25 and older.”

 Perry, M (2019, Feb 20).$15 Minimum Wage Sparks A Jobs Recession In New York

Retrieved from https://www.investors.com/

This is an article written be economist M Perry who discusses how the raising of

the minimum wage to $15 dollars has negatively affected workers. The article

uses data to show just how much jobs are going to be lost jobs and how it will

result in inflation. The quote I plan on using in the states “A New York City

Hospitality Alliance survey found that 47% of full-service restaurants expect to

cut jobs this year to cope with the latest wage hike. Last year, 36% said they'd

eliminated jobs. The picture is worse at limited-service restaurants. The survey

found half reported cutting jobs last year. And 53% say they'll do so this year.”
 Jensen, S (2019, April 8), How Might a Minimum Wage Increase Affect Your Business?.

Retrieved from https://www.innovativeemployeesolutions.com/

S. Jensen is also an economist and in this article he speaks on the different results from

increasing minimum wage. He also uses data from cities that already have increased

minimum wage to see what the repercussions were. The quotes from his article that i will

be using is Businesses can—and most likely will—combat this by passing this added cost

onto the consumer by increasing the price of goods [and] services,”

 Pettinge, T (2019, Feb 25). Effect of minimum wage on economic growth, inflation and

AD/AS

Retrieved from https://www.economicshelp.org

This article written by an economist T. Pettinge uses economic principles such as supply

and demand curve to show the effects of minimum wage on the economy and business

sector. He also uses current data and rates to support all his findings. The findings that I

plan to use in my research states that “a minimum wage could lead to firms passing wage

rises onto the consumers in the form of higher prices. This will cause SRAS to shift to the

left and higher inflation.”